Global rating agency Fitch has affirmed Morocco’s Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘, Long-term local currency IDR at ‘BBB’, and Short-term foreign currency IDR at ‘F3’. The agency has also given the North African Kingdom a “stable outlook” and affirmed the country ceiling at ‘BBB’. Morocco’s ‘BBB-‘ rating is supported by a […]
Sudan’s new prime minister said the East African nation needs about $8 billion in foreign aid over the next two years to cover its import bill and help rebuild the country’s economy, ravaged by months of political turmoil. Prime Minister Abdalla Hamdok’s appointment as prime minister signals the new Sudanese leadership’s intention to address a […]
What professionals on the ground describe as the worst congestion episode in the history of the port of Casablanca is being resolved, as a series of emergency operational measures takes effect. Container ship processing times have fallen from between six and ten days to between 48 and 72 hours, according to data confirmed by both […]
